Litecoin (LTC) has risen to the top of the ranks with the highest transaction count by cryptocurrency in the past month, leading legacy Bitcoin, and other top altcoins like Ethereum, Bitcoin Cash, Doge and others.
In another event, Sui (SUI) price is regaining bullish momentum shortly after retracing from its historic high a few weeks back. Meanwhile, fast-rising presale star, Lunex Network (LNEX) is set to lead the new era of DeFi protocols with a fascinating swapping model that has been projected to drive exponential growth for the native LNEX token.
Lunex Network to Disrupt DeFi Market With Innovative Exchange Protocol
Based on the Ethereum Network, the Lunex Network (LNEX) aims to optimize the transaction speed for multi-chain crypto exchange. Unlike most exchanges that require traders to undergo multiple processes of converting tokens before transferring to another wallet, Lunex Network allows users to execute the same in a single process.
Essentially, Lunex Network connects isolated blockchain in order to establish a non-custodial exchange that facilitates instant swapping and transfer of over 50,000 crypto assets. In addition, the platform offers a portfolio trackers that makes it easy for users to manage their crypto portfolio on the platform. Also caters for corporate businesses by offering over 65+ free RPC nodes for Web3 development.
Furthermore, businesses can seamlessly accept crypto payment, convert to fiat and vice versa by integrating the platform’s B2B merchant payment gateway. Added to these is a revenue share model that dedicates a portion of the platform’s revenue to buy back the native LNEX token from the open market in order to distribute among token holders. While it powers its entire operations , the $LNEX token is sold at $0.0019 in its fifth presale stage.
Sui Price Regains Momentum Amidst Network’s Collaborative Effort
Just recently, Sui (SU) token registered an historic high of $2.26, however, SUI price subsequently retraced to the levels below the $2 price mark. Currently trading within a weekly price range of $1.95 and $1.89, SUI price reflects roughly 3% decline in the past week which shrunken its monthly gain to only about 12%.
However, on the bright side, the token’s weekly price outlook suggests that SUI price has made a significant recovery from its lowest level around $1.63. Meanwhile, the noticeable recovery can be attributed to several factors, including several developments such as the Sui Bridge that recently went live on mainnet, coupled with partnership with other recognized protocols like Sweet, Memeficlub and Stork Oracle to mention a few.
Interesting, Sui token’s technical analysis, including the 30, 50, and 200-day moving averages suggest a continuation of the current trend. This simply implies that SUI price may be on the verge of witnessing another uptrend that could send it above the ATH, potentially registering another historic high.
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Litecoin Price Enters Profit Zone Amidst Increasing Transaction
After hitting a yearly peak of $109 back in March, Litecoin (LTC) price nosedived to its lowest price level around $56, and has since consolidated below the $70 price mark. However, in a twist of event, Litecoin price is now trading above this crucial level, thereby registering a year-to-date increase of only about 6%.
Prior to now, LTC token has been mostly trading in the negative zone for the past two months, which makes the recent price recovery a commendable one. Currently trading within a weekly price range of $70 and $72, LTC price reflects about a 3% increase in the past week, and over 5% in the past month.
Meanwhile, considering the growing interest in the token lately, token holders are anticipating a sustained trend that could possibly push LTC price to new highs. Also, LTC token’s technical analysis, including short and long term moving averages points at a strong buy, which further justifies the CMC community rating of 83% in favor of a bullish trajectory.
Can Lunex Network Outperform Litecoin Transaction Rate and Sui Network’s Growing Partnership?
Both Litecoin and Sui are established DeFi protocols, ranking among the top 20 cryptocurrencies by market capital. This implies that they have what it takes to remain in the spotlight, some of which include growing partnership and increasing transactions.
While it may be challenging for a presale star like Lunex Network to reach their levels overnight, it is not entirely impossible. Specifically, Lunex Network’s innovative Swap model positions it as a pacesetter. With more adoption, Lunex Network stands a chance to outperform top altcoins including Litecoin and Sui.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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